Marathon Oil (Brazil) Price on November 20, 2023
| M1RO34 Stock | BRL 170.15 0.00 0.00% |
If you're considering investing in Marathon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Marathon Oil stands at 170.15, as last reported on the 17th of December 2024, with the highest price reaching 170.15 and the lowest price hitting 170.15 during the day. Marathon Oil appears to be very steady, given 3 months investment horizon. Marathon Oil has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Marathon Oil, which you can use to evaluate the volatility of the firm. Please exercise Marathon Oil's Mean Deviation of 1.01, downside deviation of 4.62, and Risk Adjusted Performance of 0.0766 to check out if our risk estimates are consistent with your expectations.
Marathon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Marathon |
Sharpe Ratio = 0.1388
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Marathon Oil is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Marathon Oil by adding it to a well-diversified portfolio.
Marathon Oil Valuation on November 20, 2023
It is possible to determine the worth of Marathon Oil on a given historical date. On November 20, 2023 Marathon was worth 124.43 at the beginning of the trading date compared to the closed value of 124.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marathon Oil stock. Still, in general, we apply an absolute valuation method to find Marathon Oil's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Marathon Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marathon Oil's related companies.
| Open | High | Low | Close | Volume | |
| 123.98 | 123.98 | 123.98 | 123.98 | 3,233 | |
11/20/2023 | 124.43 | 124.43 | 124.43 | 124.43 | 2.00 |
| 123.82 | 123.82 | 121.70 | 121.74 | 529.00 |
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Marathon Oil Trading Date Momentum on November 20, 2023
| On November 21 2023 Marathon Oil was traded for 121.74 at the closing time. The highest price during the trading period was 123.82 and the lowest recorded bid was listed for 121.70 . The volume for the day was 529. This history from November 21, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.16% . The trading delta at closing time to the current price is 7.75% . |
Marathon Oil Fundamentals Correlations and Trends
By evaluating Marathon Oil's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Marathon Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marathon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marathon Oil Stock history
Marathon Oil investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Marathon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marathon Oil will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Marathon Oil stock prices may prove useful in developing a viable investing in Marathon Oil
Marathon Oil Corporation operates as an independent exploration and production company in the United States and Equatorial Guinea. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas. MARATHON OILDRN operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1672 people.
Marathon Oil Stock Technical Analysis
Marathon Oil technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Marathon Oil Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Marathon Oil cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Marathon Oil December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Marathon Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marathon Oil shares will generate the highest return on investment. By undertsting and applying Marathon Oil stock market strength indicators, traders can identify Marathon Oil entry and exit signals to maximize returns
Marathon Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marathon Oil's price direction in advance. Along with the technical and fundamental analysis of Marathon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marathon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0766 | |||
| Jensen Alpha | 0.1922 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0244 | |||
| Treynor Ratio | (3.36) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Marathon Stock analysis
When running Marathon Oil's price analysis, check to measure Marathon Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marathon Oil is operating at the current time. Most of Marathon Oil's value examination focuses on studying past and present price action to predict the probability of Marathon Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marathon Oil's price. Additionally, you may evaluate how the addition of Marathon Oil to your portfolios can decrease your overall portfolio volatility.
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